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India’s two important cities Mumbai and Bangalore have arrived on the world map as the hub of some of the key businesses. Mumbai being the commercial and financial capital of India is home to the all the major financial institutions, banks and stock exchanges whereas Bangalore is better known as the Silicon Valley of India, as the answer to the silicon valley of USA. These two cities have witnessed large scale development and are today thriving Indian cities, with numerous software and financial establishments coming up.
A Project Manager is the person responsible for the overall success of the project. Having received the Project Mandate (detailing the reason for the project and the expected outcome) from Corporate/Programme Management, it is the Project Manager’s job to...
As a project manager with many years experience under your belt, still you will find many circumstances which challenge your abilities and skills to mange projects successfully. As the projects come in all sizes and shapes, it makes your job all the more challenging and tough. With some of them having no past history the job as a project leader becomes more daunting as the learning and gathering information phase extends. This brings a lot more pressure to perform within the timelines and budget.
It is a fact of life that not every project succeeds. Sometimes the market changes and the product is no longer viable. Sometimes the budget or time constraints are untenable. Sometimes it is simply a case that somebody has made a mistake.
The CPM (Critical Path Method) is a way of organising the necessary steps to project completion. It enables you to assess task priority, resources required and possible shortcuts. CPM is based on the creation of a sequence of dependent tasks (i.e. tasks that can only be performed after earlier tasks are complete). Performing Critical Path Analysis on this sequence allows you to work out possible parallel sequences (i.e. tasks that can be performed simultaneously). The Critical Path is the longest chain of dependent tasks required.
Not only is PRINCE2 a worldwide recognized qualification in project management, but individuals who have completed the training can look forward to actively contributing to the growth of their business and their own personal growth in terms of education and career prospects.
"Since I didn't hear otherwise, I ASSUMED all was going well" – The Importance of Communication in Project Management. Second on Rick Klemm’s list of things most commonly overheard on a failing software project, this remark is characteristic of Project Managers who are not in frequent and efficient communication with their staff. Communication is key to successful Project Management.
